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View Diary: Dick Cheney's fear-mongering aside, U.S. military spending is plenty high (52 comments)

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  •  people dont even know the round numbers (1+ / 0-)
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    happymisanthropy

    of defense spending and government budgeting in general.

    i guess thats by design.

    i wonder who came up with the 1940 reference, and what was it meant to imply.  ww2 started in 1939, the buildup had already started even in january 1940 much less december 1940.

    the number i found, we had 175,000 troops in the mid 1930's.

    our military budget in 1939 was about 1 billion, adjusted for inflation that would be about 40 billion today.

    our real military budget all things considered is close to a 1000 billion. i guess that is also by design that it is spread over many many departments. the embassy building in iraq for instance, built at a cost of about a billion dollars, staffed by thousands of people, not in the defense budget. foreign aid, always influenced by military objectives, not in the defense budget.

    so, cost one trillion, tax receipts, maybe up to 3 trillion since i checked, total federal budget, about 3.5 trillion.

    feel free to correct me i am being general.

    drones are a cost effective way of generating enough new terrorists that calls to cut military spending will fail.

    by just want to comment on Tue Feb 25, 2014 at 05:49:41 PM PST

    •  another number (1+ / 0-)
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      Santa Susanna Kid

      a trillion divided by 300 million is $3,333. the defense bill for every man woman and child.

      drones are a cost effective way of generating enough new terrorists that calls to cut military spending will fail.

      by just want to comment on Tue Feb 25, 2014 at 06:08:41 PM PST

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    •  Plus Interest (0+ / 0-)

      Even if you just count the defense spending's share of the deficit (as its share of the total), that's about $20B on which we'll also pay about 50% interest, so another $10B+.

      But since at least $600B of the $1000B+ is unnecessary, waste and counterproductive to defense, that's all new debt. Which will cost $300B in interest. The actual direct cost of this insane Pentagon is closer to $1.5 TRILLION.

      And that doesn't count the $1.5T in "off budget" annual war expenses we had in Iraq + Afghanistan for a decade. Plus interest that's over $2.25T, so total of over $3.75T annually.

      Which is larger than the entire rest of the budget expense at $3.5T. And that rest also includes expenses caused by the war, not to mention opportunity costs for not spending that money on something constructive (or actualy defending us) instead...

      "When the going gets weird, the weird turn pro." - HST

      by DocGonzo on Tue Feb 25, 2014 at 07:59:14 PM PST

      [ Parent ]

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